IBM, a leading provider of global hybrid cloud, AI and
consulting expertise, has announced the inauguration of its regional
headquarters in Riyadh.
The launch
of the regional headquarters expands IBM’s presence in the Kingdom and
reiterates the company’s commitment to accelerating Saudi Arabia’s digital
transformation. Since IBM established its presence in Saudi Arabia in 1947, the
company has worked side-by-side with government and enterprise sectors in the
Kingdom on multiple projects of national and economic importance, while
investing in talent development and defining the skills needed to support the country’s
development agenda.
The Ministry
of Investment hosted IBM executives on November 30, 2023, and presented the
company with the regional headquarters license. The meeting was attended by a
range of dignitaries and government officials including His Excellency Khalid
Al-Falih, Saudi Arabia’s Minister of Investment; Arvind Krishna, IBM’s Chairman
and CEO.
“IBM’s decision to establish their regional
headquarters in Riyadh is testament to Saudi Arabia’s success in developing a
conducive business environment & ecosystem that complements our world-class
ICT infrastructure. These investments are key to enabling innovators in the
industry to thrive. By deepening the presence of leading executives, this
sector will play an important role as we strengthen Saudi Arabia’s position as
a leader in the global digital transition” said His Excellency Khalid Al-Falih,
Minister of Investment of Saudi Arabia.
“Today, we are reinforcing our longstanding
commitment to the Kingdom as we inaugurate our regional headquarters in Riyadh,” said Arvind Krishna,
Chairman and Chief Executive Officer, IBM. “Transformative
technologies like hybrid cloud and AI are instrumental in solving the most
pressing challenges. IBM is helping clients in Saudi Arabia and around the
globe reshape their business models and leverage these technologies to increase
productivity and drive innovation.”
IBM’s
regional headquarters in Riyadh will consolidate the company’s ongoing efforts
to bolster the Kingdom’s tech prospects. In recent years, IBM has worked with
government, businesses and partners to help enhance the Kingdom’s tech
landscape, including the local digital infrastructure, tech ecosystem and Saudi
talent. This will extend IBM’s footprint in the Kingdom and the wider region,
with the goal of spurring more transformation and innovation.